Mortgage rate reductions put a spring in borrowers steps
The new year has started with some bright news from the mortgage lending market. Rates attached to home loans have been steadily falling and in January, some of the most substantial rate cuts were made by leading banks and building societies.
7 top tips if you’re considering a refurb property
How do Artex ceilings, avocado bathroom suites and rotten window frames make you feel when looking at properties for sale? While some purchasers will recoil at the prospect, others relish the opportunity to rip out, refurbish and make their own mark.
How will the new Mortgage Charter help borrowers?
After a long period of stability, mortgage rates have hardly been out of the news headlines. In September, everyone held their breath as the Bank of England – responsible for UK-wide monetary policy – made its latest announcement.
The top 10 reasons for moving home in 2023
As estate agents with many years of experience under our belts, we have continued to help buyers and sellers whatever the market conditions. People will always need to move home but why people move very much depends on the market and wider financial implications.
The cost to improve, not move, soars
Move or improve? It’s a conundrum many homeowners face when the property market changes. For those thinking of staying put with an idea to extend, convert or perhaps replace their kitchen, it’s worth pricing up any improvements before you commit.
New guidance regarding a property’s market status
In August 2023, the National Trading Standards Estate & Letting Agency (NTSELA) team updated its guidance to consumers and property professionals regarding how a property’s status is described during the marketing process.
Q&A special: are surveys for sellers as well as buyers?
Sellers? Commission a survey? It’s not as silly as it sounds. Issues identified in a buyer’s survey are some of the most common reasons why a sale collapses, asking prices are negotiated downwards and delays occur. Sometimes it pays to be forewarned and sellers can do this by ordering their own surveys. Here are some helpful Q&As for those concerned about the condition of their property or who want to avoid the unexpected.
Garden stumperies: your questions answered
Fed up of conventional flower beds? Looking for something more than a lawn? Why not try a revived garden trend – the stumpery?
Is bamboo the new Japanese knotweed?
Problems with Japanese knotweed are well documented, with this invasive species sometimes preventing buyers from getting a mortgage on an affected property. While home movers are busy keeping an eye out for Japanese knotweed, they may be overlooking a different horticultural threat.
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